REG - Digital Barriers plc - Brimtek Contract Award <Origin Href="QuoteRef">DGB.L</Origin>
RNS Number : 0685SDigital Barriers plc15 March 201615 March 2016
Digital Barriers plc
("Digital Barriers")
Brimtek Contract Award
- $5.9m contract with major US Federal Agency under Brimtek procurement framework -
Digital Barriers plc (the "Group"), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce that its recently acquired US subsidiary, Brimtek, has secured a significant contract with a major US Federal law enforcement agency.
The contract, which is valued at approximately $5.9 million, was awarded under a procurement framework agreement held by Brimtek and will see the Group provide a range of specialist surveillance equipment to the agency customer. The contract is to be delivered in the first half of FY17.
Zak Doffman, Chief Executive Officer of Digital Barriers, commented:
"This contract with a strategically important US government customer illustrates the strong relationships and reputation enjoyed by Brimtek in the highly specialised US security marketplace. Both Digital Barriers and Brimtek have long-standing relationships with this agency who are procuring our class-leading EdgeVis Live video technology on an ongoing basis. Although the contract does not include Digital Barriers' solutions on this occasion, it is clear the combination of our unique capabilities and Brimtek's sectoral credibility has served to strengthen this relationship. Today's contract award highlights the rationale for our acquisition of Brimtek, which will enable us to sell and deliver progressively more of our technologies into the US surveillance market."
For further information, please contact:
Digital Barriers plc
Tel: 0203 553 5888
Zak Doffman, Chief Executive Officer
Sharon Cooper, Chief Financial Officer
Investec Investment Banking
Tel: 020 7597 5970
Andrew Pinder/ Dominic Emery
FTI Consulting
Tel: 020 3727 1000
Edward Bridges/ Matt Dixon/ Harry Staight
About Digital Barriers
Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies. Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.
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